FLOW's Path To Decentralization

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    what is flow

    Flow is a blockchain platform that originally was designed for gaming purposes, but has expanded since its launch in 2020. The flow blockchain enables fast, low-cost transactions and supports smart contracts. It powers blockchain applications including NBA Top Shot, a non-fungible token (NFT) offering.

    low also has a native cryptocurrency that trades under the symbol FLOW.

    If you are considering investing in FLOW, it’s essential to understand how flow works and compares to the leading blockchains. Here’s a closer look at flow, both the cryptocurrency and blockchain platform.

    Question:

    Flow is becoming more permissionless! Flow’s long-term vision is to optimize for security and scalability and move toward decentralization over time. With the release of permissionless contract deployment and new nodes for staking, build an analysis around the state of staking on Flow.

    Display the progress toward decentralization, answering questions like (but not limited to): how much total $FLOW is staked? How much $FLOW is staked/unstaked per day? How many unique stakers there are? What is the amount of $FLOW staked vs. $FLOW circulating?

    Methodology:

    I answer the following questions:

    1. How much total flow is stake?

    2. stake and unstake per day?

    3. How many unique stackers?

    4. How much amount of flow staked and flow circulating?

      and Distribution of Flow Staking Actions

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    How much total flow is stake?

    The total number of staking transactions is 25100

    The total volume of staking is 1,960,000 FLOW

    The total volume of that unstaking is 1,254,000 FLOW

    The cumulative growth of stacking and unsticking shows that unsticking is more than 60% ahead of sticking.

    stake and unstake per day?

    How many unique stackers?

    The total number of stakers is 38 thousand people

    At the beginning of 2021, the number of stakers reached a maximum of 500 people per day,

    but now the number of unique stakers has reached more than 5 thousand people.

    VALIDATORVOLUME
    top flow staking validatorsa8a34668b9c3eb824955df6f184832199d78aedacba3c846ee76e89cde7c1c986,942,156,950
    top flow unstaking validatorsfabe5c7917f1368d0a01dde06da7e7b6da8ea8e872e62f4853afbc536ea8d59d854,903,000

    Statistics of unsticking show that net stack has a decreasing trend and the ratio of unstaking validators is more than that of staking.

    How much amount of flow staked and flow circulating?

    The total volume of steaks is currently 8.23 ​​million and the current flow is 16.22 million.

    Distribution of Flow Staking Actions

    Most of the activities are allocated to a stick, and in the stake and deposite, most of the transactions are for the 10-50 flow category

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    dayvolume
    The most staked over timeMar 16,2021636 M
    The lowest staked over timeFeb 3,2021637 M